Standard Motor Products (SMP) Gross Margin (2010 - 2026)
Standard Motor Products (SMP) recorded Gross Margin of 32.61% in Q3 2026, up 0.17 percentage points from 32.43% a year earlier but down 0.21 percentage points from the prior quarter.
Standard Motor Products (SMP) Gross Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Standard Motor Products' Gross Margin came in at 32.04% as of Sep 30, 2026, up 1.27 percentage points year-over-year; for FY2025, it was 31.23%, up 2.31 percentage points from FY2024.
- Annual Gross Margin has increased for three straight years, with a five-year change of +1.40 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 28.92% in FY2024 (+0.29 pp), 28.63% in FY2023 (+0.74 pp), 27.89% in FY2022 (-1.14 pp) and 29.02% in FY2021 (-0.81 pp).
- Quarterly Gross Margin has ranged from 26.81% in Q2 2022 to 32.82% in Q2 2026 over the past five years.
- On a year-over-year basis, Gross Margin has increased for nine consecutive quarters, with an average year-over-year change of +1.74 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 3.16 percentage points in Q1 2025, against a drop of 4.69 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 32.82% (Q2 2026), 30.85% (Q1 2026) and 31.68% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,221.71 Bn | 1,043.93 Bn | 5.49 Bn | 19.59% |
| 2 | General Motors | 77.93 Bn | -26.68 Bn | 9.28 Bn | 18.55% |
| 3 | Ferrari | 74.00 Bn | 67.46 Bn | - | - |
| 4 | Ford Motor | 49.18 Bn | -85.24 Bn | 7.38 Bn | 14.90% |
| 5 | Toyota Motor | 28.58 Bn | -344.44 Bn | - | - |
| 6 | Rivian Automotive | 20.30 Bn | -1.42 Bn | 176.00 Mn | 8.17% |
| 7 | Magna International | 17.50 Bn | 12.21 Bn | - | - |
| 8 | Stellantis | 12.66 Bn | -174.61 Bn | - | - |
| 9 | Li Auto | 12.65 Bn | -27.40 Bn | - | - |
| 10 | Standard Motor Products | 988.01 Mn | 988.01 Mn | 165.59 Mn | 32.61% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 32.61% |
| Jun 30, 2026 | 32.82% |
| Mar 31, 2026 | 30.85% |
| Dec 31, 2025 | 31.68% |
| Sep 30, 2025 | 32.43% |
| Jun 30, 2025 | 30.55% |
| Mar 31, 2025 | 30.17% |
| Dec 31, 2024 | 29.41% |
| Sep 30, 2024 | 30.40% |
| Jun 30, 2024 | 28.59% |
| Mar 31, 2024 | 27.01% |
| Dec 31, 2023 | 28.04% |
| Sep 30, 2023 | 29.70% |
| Jun 30, 2023 | 28.68% |
| Mar 31, 2023 | 27.82% |
| Dec 31, 2022 | 29.06% |
| Sep 30, 2022 | 28.00% |
| Jun 30, 2022 | 26.81% |
| Mar 31, 2022 | 27.83% |
| Dec 31, 2021 | 28.61% |
Standard Motor Products Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SMP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SMP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SMP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();